Takaoka Toko Co., Ltd. (TSE:6617) acquired 25% stake in Applied Technical Systems Company Ltd. on June 20, 2019. Post completion, Applied Technical Systems Company Ltd. has become an equity method affiliate company of Takaoka Toko Co., Ltd. Takaoka Toko Co., Ltd. (TSE:6617) completed the acquisition of 25% stake in Applied Technical Systems Company Ltd. on June 20, 2019.